Ares Capital (NASDAQ:ARCC) announces a quarterly dividend of $0.40

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Ares Capital (NASDAQ:ARCC) to go ex-dividend.
On 2/12/2019 Ares Capital ( NASDAQ:ARCC ) announced that it will be issuing a quarterly dividend in the amount of $0.40 down from $0.40 making the yield 9.64%.


Ares Capital (NASDAQ:ARCC) Ex- dividend date

Ares Capital (NASDAQ:ARCC) is set to go ex-dividend on and will be payable on 3/29/2019


Dividend History for Ares Capital (NASDAQ:ARCC)
The next payable dividend for Ares Capital is scheduled for 3/29/2019. There is an annual dividend of $$1.56 with a yield of 9.15% The company’s dividend has increased by 0.40% on a 3 Year Average

Recent Dividend History for Ares Capital (NASDAQ:ARCC)

  • On 2/27/2013 Ares Capital announced a quarterly dividend of $0.38.
  • On 5/7/2013 Ares Capital announced a quarterly dividend of $0.38.
  • On 8/6/2013 Ares Capital announced a quarterly dividend of $0.38.
  • On 11/5/2013 Ares Capital announced a quarterly dividend of $0.38.
  • On 11/5/2013 Ares Capital announced a special dividend of $0.05.
  • On 11/5/2013 Ares Capital announced a special dividend of $0.05.



About Company
Ares Capital Corporation is a business development company specializing in acquisition, recapitalization, mezzanine debt, restructurings, rescue financing, and leveraged buyout transactions of middle market companies. It also makes growth capital and general refinancing. It prefers to make investments in companies engaged in the basic and growth manufacturing, business services, consumer products, health care products and services, and information technology service sectors. The fund will also consider investments in industries such as restaurants, retail, oil and gas, and technology sectors. It focuses on investments in Northeast, Mid-Atlantic, Southeast and Southwest regions from its New York office, the Midwest region, from the Chicago office, and the Western region from the Los Angeles office. The fund typically invests between $20 million and $200 million and a maximum of $400 million in companies with an EBITDA between $10 million and $250 million. It makes debt investments between $10 million and $100 million The fund invests through revolvers, first lien loans, warrants, unitranche structures, second lien loans, mezzanine debt, private high yield, junior capital, subordinated debt, and non-control preferred and common equity. The fund also selectively considers third-party-led senior and subordinated debt financings and opportunistically considers the purchase of stressed and discounted debt positions. The fund prefers to be an agent and/or lead the transactions in which it invests. The fund also seeks board representation in its portfolio companies.

Recent Insider Trading for Ares Capital (NASDAQ:ARCC)

  • On 1/22/2019 Steve Bartlett, Director, bought 200 with an average share price of $16.17 per share and the total transaction amounting to $3,234.00.
  • On 12/20/2018 Steve Bartlett, Director, bought 200 with an average share price of $15.40 per share and the total transaction amounting to $3,080.00.
  • On 12/14/2018 R. Kipp Deveer, CEO, bought 50,000 with an average share price of $16.02 per share and the total transaction amounting to $801,000.00.
  • On 11/20/2018 Penelope F Roll, CFO, sold 6,000 with an average share price of $16.76 per share and the total transaction amounting to $100,560.00.
  • On 11/20/2018 Steve Bartlett, Director, bought 200 with an average share price of $17.08 per share and the total transaction amounting to $3,416.00.
  • On 10/22/2018 Steve Bartlett, Director, bought 200 with an average share price of $16.30 per share and the total transaction amounting to $3,260.00.



Recent Analyst Rating for Ares Capital (NASDAQ:ARCC)

  • On 11/1/2018 Oppenheimer, Set Price Target, to bought with a price target of $18.00
  • On 11/1/2018 National Securities, Reiterated Rating, to bought with a price target of $19.00
  • On 8/23/2018 Citigroup, Initiated Coverage, fromBuy to Buy with a price target of $19.00
  • On 6/4/2018 JMP Securities, Boost Price Target, fromMarket Outperform to Market Outperform with a price target of $18.00 to $18.50
  • On 4/11/2018 JPMorgan Chase & Co., Boost Price Target, fromOverweight to Overweight with a price target of $16.50 to $17.00
  • On 12/6/2017 Compass Point, Initiated Coverage, fromBuy to Buy with a price target of $17.50



Recent Trading for Ares Capital (NASDAQ:ARCC)
Shares of Ares Capital closed the previous trading session at with 16.77 shares trading hands.